Group Health Insurance Benefit Options for Nonprofits Welcome! - - PowerPoint PPT Presentation

Group Health Insurance Benefit Options for Nonprofits

Welcome!

Margie Siegel Association Health Plan Team Lead MN Council of Nonprofits Jack Duffy Benefits Consultant Gallagher

Objectives for Today

Background Approval & Launch Plan and Networks Eligibility Process Timeline Additional Benefits Your Questions

Background

2018

• MCN formed BenefitsMN, a health benefits Trust
• Member Interest Survey Collected
• Solicited Feedback from Advisory Board and

Community Members

• Conducted Due Diligence
• Secured Medica as insurance carrier
• Selected Plans and Networks
• Met with Department of Commerce

2019

• Completed forming Board of Trustees
• Consulted with AHP Experts
• Worked with a Law Firm with AHP Experience
• Finalized Operational Structure
• Negotiated Arrangements and Ancillary Benefits

October 29, 2019

• Dept. of Commerce approved plan
• Official launch!

Plan Options

Please visit bit.ly/BenefitsMNProgramOverview for more details

Please visit bit.ly/BenefitsMNProgramOverview for more details

Please visit bit.ly/BenefitsMNProgramOverview for more details

Network Options

Pricing

• BenefitsMN plans, based on Medica’s Large Group

plans , were previously filed with the State Dept. of Commerce

• Most small groups (under 50 employees) will see

better rates through BenefitsMN than Small Group Market

• Rates are in five-year age bands
• Employers are required to contribute 50% of the

lowest offered plan premiums, for each employee

• The only way to see the rates is to submit the required

information

Eligibility Requirements

• Current Minnesota Council of Nonprofits member
• rganization HQ in Minnesota with any (c) nonprofit

status

• Must have been an MCN member for minimum 30

days (state law)

• Must have at least two benefits eligible employees
• Can join BenefitsMN during calendar 2020 for a

short plan year

• BenefitsMN renewals will be on a calendar year

• MCN member renewals will be synched to the

calendar year for participating organizations

• The nonprofit employer sets eligibility threshold for

their employees at 20, 25 or 30 hours per week

• Not all of those eligible employees must participate in

the plan; there is a waiver form that they can fill out

• Domestic partners, spouses, and dependents of

participating employees can get coverage

Process

For more information visit

http://www.benefitsMN.org http://gbs.ajg.com/benefits-mn/

• Nonprofits will need to submit information about current

employees, whether or not the organization currently offers medical insurance.

• Employers that offer insurance will need to provide current

rate and plan information for all participating members

• Employers that do not currently offer insurance will need

to submit health histories for all eligible employees

Timeline

• Once Medica has complete census information, they will

provide a proposal with prices within 10 business days.

• Gallagher will set up a meeting time to review and discuss
• ptions
• In order to have coverage in place by 1/1/2020, the
• rganization will need to enroll by Friday December 13,

2019.

• Those who enroll after 12/6 but before 12/13, will receive

an electronic version of the ID card which can be used until the mailed copy is received.

Voluntary Benefits

Administrative Solution

QUESTIONS

Contacts for Questions

Margie Siegel Association Health Plan Team Lead MN Council of Nonprofits

msiegel@Minnesotanonprofits.org

Jack Duffy Benefits Consultant Gallagher

Jack_Duffy@ajg.com

Michaela O'Brien Benefits Consultant Gallagher

Michaela_OBrien@ajg.com